3, MERLIN CLOSE, BODICOTE, BANBURY, OX15 4GG - £422,500

3 MERLIN CLOSE is a midsized detached house of 122m². It was last sold for £422,500 in August 2017, which was around 12% below the average August 2017 detached price in the Cherwell local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

3 MERLIN CLOSE Sold Prices

Land registry data shows two sales for 3 MERLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. Both of the two 3 MERLIN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 4 AUG	£422,500	£478,392	12% below HPI
2015 30 OCT	£405,000	£448,047	10% below HPI

3 MERLIN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two 3 MERLIN CLOSE sales from October 2015 and August 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2017 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 MERLIN CLOSE?

3 MERLIN CLOSE is 122m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Bodicote, based on EPC data. The below chart shows the distribution of detached houses by size in Bodicote, and where 3 MERLIN CLOSE lies on this distribution: 49% of detached houses are smaller than 3 MERLIN CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bodicote.

3 MERLIN CLOSE: Plot and Title Map

3 MERLIN CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 MERLIN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 MERLIN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 MERLIN CLOSE?

3 MERLIN CLOSE is located in BODICOTE, in the OX15 postcode district. The below map shows the position of No. 3 on MERLIN CLOSE.